Now, it might be time to start thinking about Google chasing Apple. Google just broke through $1,000 giving the company a market cap over $332 billion. Apple, meanwhile is over $500 a share, and its market cap is over $462 billion.

Using data from the Bloomberg terminal we've charted out the market cap of Apple and Google. Google is definitely closing the gap, though the gap remains large.

The difference between Google chasing Apple versus Apple chasing Microsoft, though, is that Apple is a leader in two growing categories — tablets and smartphones. It is also said to be developing new game changing products.

But, technology is a tough industry and Google could come up with a new innovation that buries Apple, or at the very least, propels its stock even higher.

LAST CHANCE to attend NYC's preeminent entrepreneurship conference! New this year: Startup University powered by General Assembly. Plus, the usual jam-packed sessions with veteran VCs, breakout startups, tech stars, and more. Get ready for the future of tech – join Business Insider on October 24 for Startup 2013. Don't miss out! Enroll Now »